PROS AND CONS.
Amongst the many arguments for and against the reopening on a Saturday, quite the best of those in favour of the House remaining closed for the present on a Saturday were given in a recent issue of the Financial Times by its Stock Exchange correspondent, " Autolycus." Briefly, it is pointed out that although official hours for bargains on the Stock Exchange may appear to beseverely circumscribed between 10.45 and 8.30, the actual hours of working are very much longer, while in active times dealings continue in the street up till quite a late hour. In fact, when comparison is made between the actual hours of working here and those at other centres, including Paris and New York, it can be shown that even with the House closed on Saturdays, it puts in more time during the week than most of the other Exchanges at other centre's. Moreover, it is noticeable that the agitation for reopening on Saturdays comes mainly from a few Stock Exchange firms and one or two journals. I have yet to learn that the investing or even the speculative public is keenly interested in the matter. As soon as the agitation springs up from these quarters there is little doubt that the pre-War custom of opening on Saturdays, with occasional holidays in the summer
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